Far West

Downgrades have outpaced upgrades for California school districts that saw ratings changes under Fitch Ratings' revised criteria.

California Republicans have asked the Trump administration to block federal aid to the state's high speed rail project.

Citigroup Global Markets, Inc. has agreed to pay a $250,000 fine after the Financial Industry Regulatory Authority found rule violations including the failure to report accurate interest rate reset information for 251,507 variable rate demand obligation securities.

The Internal Revenue Service has determined that District of Columbia’s PILOT revenue bonds are taxable.

The Trustees of California State University will price $1.2 billion in revenue bonds next week for projects as it the system grapples with 23% enrollment growth over the past four years.

Oregon lawmakers will have the option to issue as much as $1.14 billion in new general fund-backed debt and up to $209 million in lottery-backed debt for the 2017-2019 biennium.

The California State Teachers Retirement System became the latest public pension fund to lower its investment earnings forecast.

President Trump's "sanctuary city" order is expected to foreshadow more long-term turbulence for urban-federal relations as the president sought to force compliance with his objectives by threatening to cut federal funding.

The looming closure of the State and Local Government Series, or SLGS, window on March 15, when the debt ceiling suspension is set to expire, introduces new transaction risks that must be properly and prudently managed.

The sale of bankrupt Hanjin Shipping’s majority stake in a terminal operator that represented 30% of Port of Long Beach’s revenues in 2015 is a credit positive for the port.